People Power Party Seoul mayoral candidate Oh Se-hoon, Reform Party Seoul mayoral candidate Kim Jeong-cheol, and Reform Party leader Lee Jun-seok visit a youth housing complex in Nowon-gu, Seoul, to hear feedback from young residents. /Courtesy of Oh Se-hoon Camp

Oh Se-hoon, the People Power Party candidate for Seoul mayor, said on the 16th, "I hope this local election becomes an opportunity to sound the alarm about the administration's misguided monthly rent and jeonse measures."

That morning, Oh visited a one-room studio in Nowon District, Seoul, with Kim Jeong-cheol, the Reform Party candidate for Seoul mayor, and Lee Jun-seok, head of the Reform Party, to hear on-site opinions from a college student.

The one-room studio they visited is about 3 pyeong, with a 5 million won deposit and 400,000 won in monthly rent. Including maintenance fees, the amount the student pays each month is 460,000 won.

Oh said, "Today we visited a young person's monthly rental room," adding, "The message we want to deliver together with the Reform Party is that if the current administration's policy stance continues, it will be close to impossible to find a clue to solve phenomena such as a lockup of jeonse listings or a surge in monthly rents within the next one to two years."

He added, "In particular, it will be a time of suffering for those seeking jeonse and monthly rental listings, who are the most vulnerable in housing."

Oh said he would supply rental-type and monthly rent-type housing that young people can live in at low cost. He said, "The Seoul Housing and Communities Corporation (SH) will lease 10,000 units, and we will lower financing costs with interest-free loans up to 30 million won."

Lee Jun-seok also said, "Because of this administration's obstinacy, the (housing) ladder has been blocked and is approaching the younger generation as despair." Kim Jeong-cheol said, "The misjudgment in the Lee Jae-myung administration's housing supply policy is spreading to the real estate problems of today's young people and vulnerable groups."

Oh and Lee said the day's activities were at the level of a policy alliance within the broader opposition bloc. They drew a line, however, on the possibility of a single candidacy.

Lee said, "On the special counsel for dismissal of prosecution, Goh Eung-cheon, the Reform Party candidate for Gyeonggi governor, and Mayor Oh Se-hoon stopped the Democratic Party's runaway monopoly," adding, "(This time) we are focusing on people's livelihoods, and the two parties are willing to exchange policies." He added, "(A single-candidate discussion) has not been considered at all."

Oh said, "In terms of a policy alliance, we will continue to create a scene where any party or any faction can come together in spirit."

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